South Korea shifted into full-scale election mode Thursday, with political parties launching their official campaigns to stretch until the general election on April 10 that is expected to shape the political landscape for the next four years. For the next 13 days, eligible candidates representing their parties are allowed to use loudspeakers and trucks with megaphones for campaigning activities in open spaces from 7 a.m. to 9 p.m., according to the National Election Commission on Thursday. The t

Politics March 28, 2024

  South Korea is poised to quintuple its biotechnology industrial output in 15 years, to 200 trillion won ($149 billion) by 2035 from 43 trillion won as of 2020, according to President Yoon Suk Yeol on Tuesday. The Ministry of Science and ICT defined life science industrial output as domestic outputs of all types of biopharmaceutical products including biosimilars, medical equipment, supplements, biomass and biotech-related services. Moreover, his administration will nurture an environment

Politics March 26, 2024

President Yoon Suk Yeol on Tuesday reiterated his stance that the medical school expansion plan is a prerequisite for improving the quality of care at regional hospitals. At a Cabinet meeting held in his office Tuesday, Yoon said the plan to increase the school quota by 2,000 to 5,058 starting 2025 -- confirmed on March 20 -- is "a minimum requirement" to address the doctor shortage and improve the medical system, especially in remote areas. Under the plan, the students admitted to sch

Politics March 26, 2024

HWASEONG, Gyeonggi Province -- Hwaseong City lies at the heart of South Korea's chip industry cluster in the southern part of Gyeonggi Province, which anticipates a total of 622 trillion won ($462.1 billion) in spending by 2047 and 3 million new jobs. With a large capital commitment constantly drawing young voters to the chip cluster in the south of Seoul, the number of constituencies in five such cities -- Hwaseong, Suwon, Yongin, Pyeongtaek and Icheon -- increased to 17 for the April elec

Politics March 25, 2024

Four cities that have lower-level local autonomy but have populations of over 1 million each may enjoy greater autonomy to set up infrastructure for construction, transportation and education, as the government anticipates a population influx with the advent of new chip industry complexes, according to President Yoon Suk Yeol on Monday. A new law, if proposed, will ensure the administrative power of a provincial governor in these cities be transferred to the cities' mayors, President Yoon

Politics March 25, 2024

The ruling party head on Sunday slammed main opposition leader Rep. Lee Jae-myung for his speech on the Yoon Suk Yeol administration's stance on the South Korea-China relationship, accusing the Democratic Party of Korea as being subservient to China. Han Dong-hoon, interim chair of the ruling People Power Party, said in a meeting of the party's election committee on Sunday that Lee's comment Friday "reaffirms the Democratic Party of Korea's perception of itself as a vassal to China." T

Politics March 24, 2024

President Yoon Suk Yeol announced plans to expand senior welfare in South Korea, where a fifth of the population is aged 65 or older, at yet another policy debate he presided over Thursday morning. Yoon laid out support packages for senior citizens in the country, which is experiencing fast-paced population aging, as 1 in 4 South Korean citizens will be aged 65 or older by 2030. "Comprehensive measures ranging from living, food, medical services and nursing are needed for senior citizens,

Politics March 21, 2024

Hwang Sang-moo, the senior presidential secretary for civil society, resigned from his post amid growing criticism concerning his conversation with a group of reporters in which he implied that any journalist refusing to be tamed by the Yoon administration could potentially face physical retaliation. Hwang's resignation was accepted by President Yoon Suk Yeol, his office said, but it did not confirm when it was accepted. Also, the government said that Lee Jong-sup, the embattled ambassador

Politics March 20, 2024

President Yoon Suk Yeol on Tuesday pledged a total of 10 trillion won ($7.46 billion) to carry out housing redevelopment in older urban centers of Seoul. Single-family freestanding homes or "dandok jutaek," and low-rise apartment buildings called "villa" will be turned into brand-new buildings, and half of the cost for their development will be through low-interest loans given to land developers by the state-run Korea Housing and Urban Guarantee Corp. In Korea, land developer

Politics March 19, 2024

Kim Keon Hee is nowhere to be seen. South Korea's first lady has been out of the public eye for four months, and her absence shows no signs of ending. Kim, 51, was last seen in public upon her return from the Netherlands, along with her husband, President Yoon Suk Yeol, in mid-December last year. The presidential office has remained silent about the reason behind Kim's absence, as well as about her whereabouts. No health issues have been mentioned. Her continued absence seems remarkabl

Politics March 19, 2024

President Yoon Suk Yeol on Monday pledged to lay out contingency measures to stem the acute food price hikes in South Korea. Beginning Monday, at least 150 billion won ($112.5 million) of emergency funds will be deployed to stabilize the price partly by reducing or lifting tariffs on imported fruit, on a limited amount of agricultural goods or processed foods. If the plan as of Monday goes full-fledged, a total of 29 types of fruit will be subject to "tariff quotas" -- permission to im

Politics March 18, 2024

President Yoon Suk Yeol's office on Monday released a statement over mounting calls for presidential aide Hwang Sang-moo to step down after his controversial remarks about press freedom were disclosed by a media outlet. The presidential office said in a statement that it "respects press freedom" and the responsibilities that come with that freedom. Yoon's office also denied that it has ever attempted to suppress the media's freedom of expression. "The presidential o

Politics March 18, 2024

President Yoon Suk Yeol's senior secretary Hwang Sang-moo has come under fire for controversial remarks about the freedom of the press and the spirit of the Gwangju Democratic Uprising. An association representing journalists from South Korean television network MBC on Friday demanded Hwang, the senior presidential secretary for civil society, apologize publicly and immediately step down. It described Hwang's stance on journalism as "shocking." Rep. Ko Min-jung of the main op

Politics March 15, 2024

President Yoon Suk Yeol on Thursday reaffirmed his commitment to introducing a 47-kilometer superhighway with no speed limit in South Jeolla Province worth 2.6 trillion won ($1.97 billion), in a bid to construct a "Korean-style Autobahn." The new highway will connect the city of Gwangju with the Korea International Circuit in Yeongam-gun, South Jeolla Province, enabling cars to operate at speeds above 200 kilometers per hour along its 47-kilometer length. Yoon said his conservative adm

Politics March 14, 2024

South Korea on Wednesday unveiled plans to set up a new space industry cluster in the next eight years that is not only capable of manufacturing satellites and rockets, but also astronaut training. To aid the goal of space exploration, some 1.5 trillion won ($1.14 billion) of the budget will be allocated in 2027, up from the 836.2 billion won budget this year. The funding will lay the cornerstone for South Korea's aerospace industry to bloom, Yoon said. He envisioned South Korea's boos

Politics March 13, 2024